NYSE$CLVT
Clarivate Plc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported a decrease in revenues and a net loss attributable to ordinary shares due to lower transactional and re-occurring revenues.
Clarivate's first quarter results showed a slight decrease in revenues, driven by declines in transactional and re-occurring revenues, which offset growth in subscription revenues. The company reported a net loss attributable to ordinary shares and a decrease in adjusted EBITDA. However, Clarivate reaffirmed its full-year 2024 outlook.
- Revenues decreased by 1.3% to $621.2 million.
- Organic revenues decreased by 1.7%.
- Net loss attributable to ordinary shares was $93.8 million, or $0.14 per diluted share.
- Adjusted EBITDA decreased by 6.5% to $236.3 million.
Headline financials
Revenue & EPS history
Clarivate · Revenue · Quarterly
$621M
Revenue by segment
Clarivate · $621M total across 3 segments · Q2 2025
- Subscription$406M—65.3%
- Re-occurring$109M—17.5%
- Transactional$107M—17.2%
Forward guidance
Clarivate reaffirmed its 2024 full year outlook, anticipating a sequential improvement in organic revenue growth in the second quarter compared to the first quarter.
Tailwinds
- Revenues between $2.57B to $2.67B
- Organic revenue growth between 0% to 2%
- Adjusted EBITDA between $1.055B to $1.115B
- Adjusted EBITDA margin between 41% to 42%
- Adjusted diluted EPS between $0.70 to $0.80
Headwinds
- Assumes no further acquisitions.
- Assumes no further divestitures.
- Assumes no unanticipated events.
- Organic revenue growth is only expected to be between 0% and 2%.
- Free cash flow between $420M to $500M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-1.1%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.5%
Avg return
30 days after
41%
12 / 29 earnings
Positive
+38.7%
Q4 2025
Best reaction
-29.0%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +13.9% | +11.6% | +0.8% | |
| Q4 2025 | +38.7% | +36.9% | +44.0% | |
| Q3 2025 | -3.6% | -2.7% | +3.3% | |
| Q1 2025 | +17.3% | +20.3% | +18.4% | |
| Q4 2024 | -1.4% | -5.4% | -15.3% | |
| Q3 2024 | -29.0% | -30.3% | -13.2% | |
| Q2 2024 | -17.4% | -7.5% | +8.3% | |
| Q1 2024 | -10.2% | -10.5% | -18.1% | |
| Q4 2023 | -20.9% | -20.1% | -16.9% | |
| Q3 2023 | +1.8% | -2.8% | +18.9% | |
| Q2 2023 | -23.8% | -26.5% | -18.8% | |
| Q1 2023 | +6.5% | +5.7% | +10.8% | |
| Q4 2022 | +13.2% | +9.4% | -7.3% | |
| Q3 2022 | -7.4% | +6.6% | -9.0% | |
| Q2 2022 | -7.5% | -9.2% | -16.3% | |
| Q1 2022 | -3.0% | -2.0% | +0.3% | |
| Q4 2021 | +10.1% | +11.0% | +24.8% | |
| Q3 2021 | +5.7% | +6.4% | +4.4% | |
| Q2 2021 | -5.6% | -4.1% | +3.6% | |
| Q1 2021 | +4.5% | +5.3% | +12.3% | |
| Q4 2020 | -19.0% | -17.8% | -11.6% | |
| Q3 2020 | -7.2% | -3.0% | -8.4% | |
| Q2 2020 | -4.0% | +2.4% | +0.3% | |
| Q1 2020 | +8.5% | +4.9% | +1.4% | |
| Q4 2019 | -1.4% | +4.3% | -1.1% | |
| Q3 2019 | +6.3% | +4.9% | +6.1% | |
| Q2 2019 | +8.1% | +7.1% | +9.1% | |
| Q4 2018 | -5.0% | +1.0% | +1.8% | |
| Q1 2019 | -0.8% | -1.3% | +9.8% | |
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| Q4 2012 | — | — | — | |
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| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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